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Reuters

Reuters

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World

Morning Bid: Global stocks hit record highs

Reuters
Summary
Nutrition label

76% Informative

MSCI 's all-country equity index hit a record high on Wednesday , a whopping 23% surge from the intraday trough of April 7 hit after the initial U.S. tariff sweep.

Trump is set to use emergency powers and slash legal requirements relating to the Defense Production Act .

The White House claims it's happening this week , though it's unclear exactly when.

Wall Street continues to lag, but the S&P 500 is positive again for the year .

European stocks and euro were higher ahead of the expected European Central Bank rate cut.

Markets reckon there's a 50-50 chance the Bank of Canada also cuts rates later today .

South Korea's stocks jumped almost 3% and the won rallied 1% after the victory of liberal candidate Lee Jae-myung in the presidential election there.

VR Score

88

Informative language

94

Neutral language

40

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links